ADA is consolidating at it`s bottom despite other altcoins. Let`s look how other ALTs pump: GMT +89%, SOL +64%, TRX +52%.
Additionally, you can see how buyers for the 5 time accumulate ADA which is strong bullish signal. The volume bars is always grow when ADA reach the bottom.
If we combine that cardano is still at it`s bottom and whales accumulate it, we can expect nice upcoming pumps and you don`t need to miss it.
📊Where to open a long if ADA already break up the channel:
🔥you can open a trade at the channel test as support how it shown on the chart or wait for massive pullback but it has low possibility in current market conditions
🔥volume growth
🔥bullish BTC help reach the targets for ADA much faster
📊The targets are the closest value areas:
1️⃣ $0.55-0.59
2️⃣ $0.62-0.65
Traders, what at additional preconditions do you use to open a long? Share you thoughts with us in the comments!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.